India Infographic - India Real Estate Market Monitor 2019_February 2020
The office market attained a new peak in 2019 – leasing touched an all-time high of 61.6 million sq. ft., driven by Bangalore, Hyderabad, NCR and Mumbai. Supply also grew by 50% y-o-y to cross 52 million sq. ft. in 2019.
The retail sector witnessed space take-up of more than 4 million sq. ft. across the key malls; leading brands such as Uniqlo, Ralph Lauren, Paul’s Bakery and Brunello Cucinelli made their India debut.
The I&L sector also attained an all-time leasing peak of 33 million sq. ft.; supply also remained strong at 19 million sq. ft. – rising by 78% vis-a-vis 2018.
In terms of investments, the commercial real estate market continued its bullish run, leading to the RE investment quantum increasing by 27% y-o-y to USD 6.06 billion in 2019.